Kyoden Company, Limited announced consolidated financial results for the second ended September 30, 2019. For the quarter, the company reported net sales of JPY 26,064 million against JPY 27,739 million a year ago. Operating profit was JPY 1,171 million against JPY 1,860 million a year ago. Profit attributable to owners of parent was JPY 380 million against JPY 1,454 million a year ago. Basic earnings per share were JPY 7.66 against JPY 29.28 a year ago.

The company provided consolidated earnings guidance for the year ending March 31, 2020. The company expects net sales of JPY 56,500 million, operating profit of JPY 4,000 million, Profit attributable to owners of parent of JPY 2,900 million and Basic earnings per share of JPY 58.37.